High Tide (TSXV:HITI) Days Payable: 23.10 (As of Apr. 2026) — Near Median

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TSXV:HITI High Tide Inc TSXV:HITI
75 GF Score
Price C$2.97
GF Value C$3.71
Valuation Modestly Undervalued
! 5 Warning Signs
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What is High Tide Days Payable?

High Tide TSXV:HITI -0.67% 75 Days Payable is 23.10 as of Apr. 2026, which is 2% below its 10-year median of 23.62. GuruFocus rates TSXV:HITI with a GF Score™ of 75/100 and a GF Value™ of C$3.71 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 605 Healthcare Providers & Services companies, High Tide ranks worse than 86.61% on this metric.

High Tide's average Accounts Payable for the three months ended in Apr. 2026 was C$33.1 Mil. High Tide's Cost of Goods Sold for the three months ended in Apr. 2026 was C$130.9 Mil. Hence, High Tide's Days Payable for the three months ended in Apr. 2026 was 23.10.

The historical rank and industry rank for High Tide's Days Payable or its related term are showing as below:

TSXV:HITI' s Days Payable Range Over the Past 10 Years
Min: 7.88   Med: 23.62   Max: 103.24
Current: 15.96

During the past 9 years, High Tide's highest Days Payable was 103.24. The lowest was 7.88. And the median was 23.62.

TSXV:HITI's Days Payable is ranked worse than
86.61% of 605 companies
in the Healthcare Providers & Services industry
Industry Median: 57.08 vs TSXV:HITI: 15.96

High Tide's Days Payable increased from Apr. 2025 (6.53) to Apr. 2026 (23.10). It may suggest that High Tide delayed paying its suppliers.


High Tide Days Payable Historical Data

* Premium members only.

The historical data trend for High Tide's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

High Tide Days Payable Chart

High Tide Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Days Payable
Get a 7-Day Free Trial Premium Member Only 23.62 11.70 8.21 7.88 14.84

High Tide Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.53 5.97 12.77 19.73 23.10

High Tide Days Payable Competitor Comparison

For the Pharmaceutical Retailers subindustry, High Tide's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


High Tide Days Payable vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, High Tide's Days Payable distribution charts can be found below:

* The bar in red indicates where High Tide's Days Payable falls into.


TSXV:HITI
75GF Score
High Tide Inc TSXV:HITI
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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High Tide Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

High Tide's Days Payable for the fiscal year that ended in Oct. 2025 is calculated as

Days Payable (A: Oct. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Oct. 2024 ) + Accounts Payable (A: Oct. 2025 )) / count ) / Cost of Goods Sold (A: Oct. 2025 )*Days in Period
=( (8.055 + 27.765) / 2 ) / 440.456*365
=17.91 / 440.456*365
=14.84

High Tide's Days Payable for the quarter that ended in Apr. 2026 is calculated as:

Days Payable (Q: Apr. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jan. 2026 ) + Accounts Payable (Q: Apr. 2026 )) / count ) / Cost of Goods Sold (Q: Apr. 2026 )*Days in Period
=( (30.144 + 36.14) / 2 ) / 130.905*365 / 4
=33.142 / 130.905*365 / 4
=23.10

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 23.10 mean?
High Tide (TSXV:HITI) has a Days Payable of 23.10 as of Apr. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on High Tide and its competitors. This is near median its historical median of 23.62. Over the past decade, High Tide's Days Payable has ranged from 7.88 to 103.24. According to the industry distribution chart, High Tide ranks #524 out of 605 companies in the Healthcare Providers & Services industry, placing it in the top 86.6%.
Is High Tide's Days Payable too high?
High Tide's current Days Payable of 23.10 is near median its 10-year median of 23.62. Over the past 10 years, this metric has ranged from a low of 7.88 to a high of 103.24. The Healthcare Providers & Services industry median Days Payable is 57.08. High Tide's value of 23.10 is 59.5% below this industry median. Based on the distribution chart, High Tide ranks #524 out of 605 companies in the Healthcare Providers & Services industry, which is in the bottom quartile relative to peers. Overall, High Tide has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does High Tide's Days Payable compare to competitors?
According to the Healthcare Providers & Services industry distribution chart, High Tide ranks #524 out of 605 companies for Days Payable. This places High Tide in the lower half of its industry. The industry median Days Payable is 57.08. High Tide's value of 23.10 is 59.5% below this benchmark. Historically, High Tide's own Days Payable has ranged from 7.88 to 103.24 over the past decade. While the company's 10-year median is 23.62 vs. the industry median of 57.08, High Tide has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Healthcare Providers & Services company?
The median Days Payable among Healthcare Providers & Services companies is 57.08, based on 605 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. High Tide's current Days Payable of 23.10 is 59.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on High Tide and its competitors. For the Healthcare Providers & Services industry, the median Days Payable is 57.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. High Tide's current Days Payable is 23.10, which is near median its own 10-year median of 23.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is High Tide stock overvalued right now?
Based on GuruFocus' analysis, High Tide (TSXV:HITI) is currently considered Modestly Undervalued. The stock's GF Value™ is C$3.71, compared to a current price of C$2.97 — trading 19.9% below its estimated fair value. The current Days Payable is 23.10, which is near median its 10-year median of 23.62 and 59.5% below the Healthcare Providers & Services industry median of 57.08. High Tide's overall GF Score™ is 75/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For High Tide (TSXV:HITI), the current Days Payable is 23.10 as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is High Tide (TSXV:HITI) Overvalued in 2026?

Based on GuruFocus' analysis, High Tide stock appears to be undervalued. The current stock price of C$2.97 is trading 19.9% below its estimated GF Value™ of C$3.71. GuruFocus considers High Tide to be Modestly Undervalued.

Key valuation signals for TSXV:HITI:

  • Days Payable: 23.10 (near median its 10-year median of 23.62)
  • GF Value™: C$3.71 vs. price of C$2.97 (19.9% below fair value)
  • GF Score™: 75/100 with 5 warning signs
  • Industry Position: 59.5% below the Healthcare Providers & Services median (#524 of 605)

No single metric tells the full story. See the TSXV:HITI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


High Tide Business Description

Other Exchanges HITI:USA2LYA:Germany
Address 11127 - 15 Street NE, Unit 112, Calgary, AB, CAN, T3K 2M4
High Tide Inc is a downstream-focused retailer of cannabis products, distributor, and seller of smoking accessories and cannabis lifestyle products. It is a vertically integrated company in the Canadian cannabis market with various brands in its portfolio such as Canna Cabana, Fastendr, Queen of Bud, Grasscity, Daily High Club, and others. The company's reportable operating segments are: Bricks and mortar, which generates maximum revenue, and E-commerce. Geographically, it derives maximum revenue from its business in Canada, followed by the United States of America, and other international markets.
75GF Score

Get the complete analysis for TSXV:HITI

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$2.97
Price
C$3.71
GF Value